3901.68
Provisions application.

(A)
Asset
acquisitions, including every purchase, lease, exchange, merger, consolidation,
succession, or other acquisition other than the construction or development of
real property by or for the reporting insurer, or the acquisition of materials
for such purpose.

(B)
Asset
dispositions, including every sale, lease, exchange, merger, consolidation,
mortgage, hypothecation, assignment whether for the benefit of creditors or
otherwise, abandonment, destruction, or other disposition.

(C)
Nonrenewals, cancellations, or revisions of ceded
reinsurance, without regard to which party has initiated the transaction,
whenever one or more of the following conditions exists:

(1)
The entire cession has been canceled, and
nonrenewed or revised and ceded indemnity and loss adjustment expense reserves
after any nonrenewal, cancellation, or revision represents less than fifty per
cent of the comparable reserves that would have been ceded had the nonrenewal,
cancellation, or revision not occurred.

(2)
An authorized reinsurer has been replaced
on an existing cession by an unauthorized reinsurer, and the revision affects
more than ten per cent of the cession.

(3)
Collateral requirements previously
established for unauthorized reinsurers have been reduced, and the revision
affects more than ten per cent of the cession.